A New York federal judge on Monday awarded former Faruqi & Faruqi LLP associate Alexandra Marchuk slightly less than $223,000 in legal fees and costs stemming from a mixed verdict in a sexual harassment case against the securities boutique, denying her request for $1.4 million as “patently unreasonable.”
A Manhattan federal judge erred in barring Ecuadoreans from attempting to enforce a $9.5 billion pollution judgment from their home country against Chevron Corp. in New York, mistakenly punishing them for their attorney's misconduct, the Second Circuit heard Monday in a closely watched and many-threaded appeal.
The U.S. Securities and Exchange Commission on Monday fined BlackRock Advisors LLC $12 million and sanctioned its former chief compliance officer over an alleged breach of fiduciary duty that occurred when the world’s largest asset management company didn’t disclose a conflict of interest involving a top portfolio manager.
Cardinal Health Inc. on Monday agreed to pay $26.8 million to resolve the Federal Trade Commission's claim that it illegally monopolized the sale of low-energy radiopharmaceuticals to health care providers in 25 areas, in the watchdog's second-highest antitrust disgorgement deal ever.
The Second Circuit on Monday emphatically denied Paul Ceglia’s bid to revive what U.S. prosecutors have called a fraudulent suit against Facebook Inc. and owner Mark Zuckerberg, saying the fugitive upstate New York man had “repeatedly demonstrated total disregard for our judicial system.”
Nomad Holdings Ltd. has agreed to acquire European frozen food giant Iglo Foods Holdings Ltd. for about €2.6 billion ($2.8 billion) from an undisclosed Permira-backed entity, the companies said Monday, marking Nomad’s first acquisition since its formation last year.